RBL signature plus excluded wallet loads

218°
Deal Cadet
job4ram
it's done, now rbl excluded some MCCs for rewards and also for spend criteria which is a double whammy.


Revision of RBL Bank Signature+ Debit Card Terms and Conditions
As part of our constant endeavor to provide you with the best experience, we would like to highlight the following
benefits on your RBL Bank Signature+ Debit Card:
• Zero mark up on all your international spends carried out through POS/Online payments.
• Two (2) complimentary lounge access every quarter at select domestic airports.
• 1% monthly cashback as vouchers (up to INR 1,000) on minimum monthly spends of INR 10,000 on POS/Online
Payments.
• Annual Vouchers of INR 5,000 on spends of INR 5 lakhs on POS/Online Payments.
• Insurance cover up to INR 2 Crores*
• Waiver on Annual fee pertaining to the subsequent year on carrying out minimum spends of INR 3 Lakhs on
POS/Online payments in the previous year.
While you continue to make the most of your RBL Bank Signature+ Debit Card, we would like to update you with
respect to the updated calculations for spends threshold and transactions that will be excluded for availing Monthly
Voucher/Annual Voucher/waiver of annual fee, effective 01st May 2024:
1. International transactions and/or transactions carried out on the Merchant Category Codes (MCC) listed below
will be excluded from availing Monthly and Annual vouchers and will also not be considered for availing the
benefits of the waiver of Annual Fee.
Merchant Category Codes
(MCC) Description
6012 Financial Institutions – Merchandise, Services, and Debt Repayment
6051
Non-Financial Institutions – Foreign Currency, effective through 19
January 2024, Non-Fiat Currency and effective from 20
January 2024 Liquid and Cryptocurrency Assets (for example:
Cryptocurrency), Money Orders (Not Money Transfer),
Account Funding (not Stored Value Load), Travelers Cheques, and Debt
Repayment
6540 Non-Financial Institutions – Stored Value Card Purchase/Load
6211 Security Brokers/Dealers
2. The minimum spends threshold for being eligible for Monthly vouchers with effect from 01st May 2024 will be INR
25,000 for current account customers.
*Terms & conditions apply.
Disclaimer: The transactions for each category are identified through Merchant Category Codes (MCC), defined by the
card network such as Visa, MasterCard and RuPay. RBL Bank does not define the merchant category.


Screenshot2024-04-01-23-46-17-69b73d025e34d3569bf7e97abab31af6322



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We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
Top Comments
Talk-Of-The-Town Talk-Of-The-Town
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Bajaj finance ltd has 4900 mcc

On wallet load

But that's a matter of days or maybe months before they will exclude utlity as well

20 Comments  |  
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Comrade Comrade
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SNAYPAY AND PICE KA MCC CODE KYA HA BRO KAISA PTA CHALEGA

Deal Cadet Deal Cadet
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we have to get important MCCs by contacting companies, me too want to know whether all wallet loading will be considered in 6540 or any trick and also all credit card bill payments are considered in only u utility payments 4900 or any others?

Community Angel Community Angel
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Tag the ripped condorn

Benevolent Benevolent
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Learnt a new word. Thank you. 

Deal Hunter Deal Hunter
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All Thanks goes to 🥱

Community Angel Community Angel
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Result of Ripped C = RRC

Deal Cadet Deal Cadet
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will credit card payment not be considered for rp through cheq as i can pay 1 lakh each month. what is cheq mcc will it be considered for rp. I opened account  previous month and also took rbl sig+ debit card for mainly cc spends. I will close account then.

Deal Cadet Deal Cadet
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No, its gone.
Deal Subedar Deal Subedar
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following 

Deal Cadet Deal Cadet
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Any trick?

Talk-Of-The-Town Talk-Of-The-Town
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Bajaj finance ltd has 4900 mcc

On wallet load

But that's a matter of days or maybe months before they will exclude utlity as well

Generous Generous
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I don't think.. bajaj load is utility..  as tide gives rewrd on bajaj load.. while tide is restricted for utility

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Commentator Commentator
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Now it is time to close RBL Signature Plus 

Deal Subedar Deal Subedar
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Now people don't have to deal with their subpar service.

Helpful Helpful
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this credit goes entirely to our unnerving campaigner @abhishek012

Deal Cadet Deal Cadet
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can i use it this month as changes are from next month. (rbl sig+ debit card)

Deal Cadet Deal Cadet
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yes, bro. add to any wallet but from next month you can't use wallet.
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